International Digital Payment Platform PayPal, US Dollar Crypto Currency PYUSD’s Stellar $0.409501 He announced that he started to work to integrate into his network. The company expects the necessary approvals from the New York State Financial Services Department for this step. If approved, pyusd, Ethereum is currently in use
$2,974.70 And in addition to Solana, it will be in Stellar. Although it was one of the old subcoins, XLM has long been shadowed, and ETH was quite good for him to be announced as the third Altcoin next to the left. Will XRP Coin rival XLM be popular again? Time will show that.
Stellar (XLM) and Paypal
Paypal officials, Stellar network low -cost and high -speed payment infrastructure stressed. In a statement, Stellar integration will make PYUSD more accessible and usable, PYUSD users reportedly access to daily payment, international money transfer and financial services. In addition, PYUSD support is expected to play an important role in Stellar’s activities for working capital and small operating loans.
Stellar’s current global payment infrastructure is known to cover digital wallets and local payment systems in many countries. Thanks to this network, the way to reach the users in more than 170 countries will be opened. PayPal officials claimed that PYUSD could be used by a much wider audience with Stellar.
XLM Coin
According to the company’s statements, with the expansion of PYUSD to Stellar, technology products such as Payfi in the field of digital financing can be used. In this way, workplaces will be able to work with PYUSD in real time. Paypal argues that this approach can contribute to rapid and low -cost solutions, especially in cross -border payments.
May Zabanh, Paypal Digital Money Vice President: “This partnership will advance the use of blockchain in cross -border payments.”
Delelle Dixon, CEO of Stellar Development Foundation, believes that Pyusd can make a real contribution to developing markets and small businesses through Stellar.
Delelle Dixon, Stellar Development Foundation CEO: “Cooperation offers the opportunity to carry the use of stablecoin to developing markets and small businesses.”
XLM yesterday’s 24 -hour process took place in the process of valuable price changes. The price was fluctuated between 0.345 and $ 0.416, while a volatility of approximately 20.5 percent was observed. Although the rise was supported by the recovery in the general market feeling, Paypal gospel created a multiplier effect.
XLM reached the level of resistance, while the $ 0,400-0,403 band faced the profit realization of institutions. In addition to the price movements of XLM, the fact that the volume is well above the average during the last trading hours can be considered among the indicators that the investor interest increases for a short time.
PayPal’s plan to present PYUSD via Stellar may open new doors for the sector in order to use digital currencies in different blocky infrastructures. Systems such as Payfi offer instant financing opportunities, especially small enterprises and cross -border transactions can facilitate access to liquidity. PYUSD’s cash supported structure is seen as a decisive element in terms of user trust. Developments that increase the faster, economical and widespread use of blocky -based payments will continue to be closely monitored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.